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Finance Receivables (Tables)
3 Months Ended
Jan. 31, 2018
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Our Finance receivables, net in our Consolidated Balance Sheets consist of the following:
(in millions)
January 31, 2018
 
October 31, 2017
Retail portfolio
$
566

 
$
559

Wholesale portfolio
1,128

 
1,246

Total finance receivables
1,694

 
1,805

Less: Allowance for doubtful accounts
21

 
20

Total finance receivables, net
1,673

 
1,785

Less: Current portion, net(A)
1,434

 
1,565

Noncurrent portion, net
$
239

 
$
220

_________________________
(A)
The current portion of finance receivables is computed based on contractual maturities. Actual cash collections typically vary from the contractual cash flows because of prepayments, extensions, delinquencies, credit losses, and renewals.
Finance Revenues Derived From Receivables [Table Text Block]
The following table presents the components of our Finance revenues in our Consolidated Statements of Operations:
 
Three Months Ended January 31,
(in millions)
2018

2017
Retail notes and finance leases revenue
$
11

 
$
9

Wholesale notes interest
25

 
23

Operating lease revenue
18

 
17

Retail and wholesale accounts interest
5

 
5

Gross finance revenues
59

 
54

Less: Intercompany revenues
21

 
20

Finance revenues
$
38

 
$
34